$160,000
SOLD FEB 18, 2025

194 Prospect St Lockport, NY 14094

4 Beds
2 Baths
2,169 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

7% Below List Price

46 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Rectangular Lot
  • Wood Flooring
  • Ceiling Fan
  • Partially Fenced Property

About This Home

As of February 2025

Great opportunity to own a 2-unit property! Whether you're an investor or want an owner-occupied home, this is your chance!! Downstairs unit- other room is a family room that could easily be a third bedroom if needed. Back deck with nice yard for entertaining. Upstairs is remodeled has 2 bedrooms and laundry hookup. Separate entrances and utilities Appliances are negotiable. Sold "as is" with seller doing no repairs from an inspection or bank appraisal. Seller reserves the right to set a date for offers. Please only lock the deadbolts on both apartment doors! New VPR pricing! Seller will consider offers from &162,000 to $168,000

Last Agent to Sell the Property

Lisa Ridgeway

Listing by Berkshire Hathaway Homeservices Zambito Realtors Brokerage Phone: 716-628-0422 License #10401305590 Listed on: 10/30/2024

Berkshire Hathaway Homeservices Zambito Realtors

Co-Listed By

Courtney Dellario

Listing by Berkshire Hathaway Homeservices Zambito Realtors Brokerage Phone: 716-628-0422 License #10401376305

Last Buyer's Agent

Lisa Ridgeway

Listing by Berkshire Hathaway Homeservices Zambito Realtors Brokerage Phone: 716-628-0422 License #10401305590 Listed on: 10/30/2024

Berkshire Hathaway Homeservices Zambito Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x121
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,169 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 54
  • Assessor Parcel Number 290900-109-013-0004-054-000

Community Details

Overview

  • 2 Units
  • Section 10913 Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1890
  • Attribution Contact: 716-628-0422
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ZARE02
  • Co List Office Phone: 716-638-9300
  • Subdivision Name: Section 10913
  • Directions: Rt 78 North to 31 West to right on Prospect St. or GPS
  • Architectural Style: Duplex
  • Flooring: Hardwood, Luxury Vinyl, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Fence
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lockport

Lot Info

  • Parcel Number: 290900-109-013-0004-054-000
  • Lot Dimensions: 50X121
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3896.0
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Feb 17, 2025
Sold by
F K Properties Inc
Bought by
Blackley Whitney E
Seller's Agent
Lisa Ridgeway
Berkshire Hathaway Homeservices Zambito Realtors
Buyer's Agent
Lisa Ridgeway
Berkshire Hathaway Homeservices Zambito Realtors
List Price
$172,000
Sold Price
$160,000
Premium/Discount to List
-$12,000
-6.98%
Views
71
Current Estimated Value
$167,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,810
Avg. Annual Appreciation
10.16%
Original Mortgage
$157,102
Outstanding Balance
$156,439
Interest Rate
6.91%
Mortgage Type
FHA
Estimated Equity
$12,796

Purchase Details

Closed on
Nov 17, 2022
Sold by
Knowles Franklin J
Bought by
Fk Properties Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,102 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $160,000 -1.2% $74 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
12/01/2024 12/01/24 Price Changed $162,000 -4.1% $75 / Sq Ft
11/15/2024 11/15/24 Price Changed $169,000 -1.7% $78 / Sq Ft
10/30/2024 10/30/24 For Sale $172,000 -- $79 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,243 $121,000 $4,000 $117,000
2023 $3,243 $116,000 $4,000 $112,000
2022 $2,476 $105,000 $4,000 $101,000
2021 $2,307 $58,500 $4,100 $54,400
2020 $1,960 $50,800 $4,100 $46,700
2019 $439 $50,800 $4,100 $46,700
2018 $1,417 $50,800 $4,100 $46,700
2017 $1,412 $50,800 $4,100 $46,700
2016 $1,368 $50,800 $4,100 $46,700
2015 -- $50,800 $4,100 $46,700
2014 -- $50,800 $4,100 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1574588

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-013-0004-054-000